If you have home insurance, you are likely well aware that there are limits to certain types of coverage. One of those areas that you may be lacking is liability coverage. Thankfully, you can get an umbrella policy to provide you with additional coverage. Here is what will and won't be covered by an umbrella policy.
What Is Covered
An umbrella policy is designed to give you additional liability coverage, which is primarily for injuries that happen in your home or on your property.
There are multiple types of insurance products that business owners should look into for their companies. One very important type of policy that you should purchase is general liability insurance. General liability insurance is designed to help protect your business from lawsuits. When purchasing this insurance, follow these tips to ensure that your business is properly insured.
Choose a Reputable, Financially Stable Insurance Company
First of all, make sure that you choose a reputable, financially stable insurance company.
Is medical malpractice insurance as expensive as people think? In fact, the cost of medical malpractice insurance varies significantly, and there are many determining factors. Like any type of insurance, it's based primarily on risk. Here's what you need to know.
Where Do You Perform Medicine?
Some areas are more expensive and more litigious than others. If you live in a big city, you're more likely to have a high premium.
If you have auto insurance on your car and end up in a collision, your policy will likely pay the damages as long as you have collision coverage. While you may never expect to be in this position, this is one of the main reasons you need auto insurance coverage. When this happens, though, you might want to consider requesting compensation to cover the diminished value of your car. If you have never heard of this, here are a few important things to know about it.
If you've received a major violation while driving, such as a DUI or reckless driving charge, you may be required by law to carry SR-22 insurance. It certifies that you're carrying the necessary insurance coverage based on your state's requirements. To save on this type of insurance, take the following actions.
Set Up Auto-Pay
More and more insurance companies today are going paperless. Not only does this help the environment, but it can also help you save some money.